By understanding just a few key metrics in your business you can set yourself up for immeasurably more success. On this episode of Business Builders, I want to dive into profit margins, cash flow, and revenue trends in order to help you step more into your CEO role to grow your business sustainably and with more clarity.

Key topics covered:

• Profit Margins: Why knowing your revenue minus expenses is essential and how it reveals your business's health.
• Cash Flow: Understanding the timing of money coming in and going out to avoid surprises.
• Revenue Trends & Monthly Recurring Revenue: Spotting patterns to plan ahead and bring stability to your income.

By financial tracking you’ll gain confidence in your financial decisions, a small step today leads to big success tomorrow!

Challenge: 
Take a few minutes to find out these numbers;

• Your profit margin
• Your cash flow for the past month and
• Your average monthly revenue for the last year

Write them down and make a note of what you need to seek more clarity on, and take action to get that clarity!

Mentioned in Episode:
Ep. 134 The Three Profit Levers

Staci's Links:
Instagram. Website.

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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!